With our business cash advance serving as your auto service centers' financing source, your company can fulfill its accounts payable obligations on time using future car repair billings with several advantages over traditional loans:
- No auto repair equipment or business property is used as collateral;
- No owners need to provide personal guarantees for the alternative financing; and
- Your management and ownership team can concentrate on car repairs and customer service and not financing.
US Business Finance Corp also has the ability to find your auto service center the best merchant credit card processing service, especially if you are new or if you are rated as a high risk merchant account. Our business cash advance finance your repair shop by getting repaid with a percent of your future repairs paid off with MasterCard and Visa credit cards. This results in no fixed monthly payments and the cash advance is usually paid off in 9 months - sooner if seasonal weather provides more auto repair opportunities.
Besides helping with your company's operating capital, our company cash advances can assist you in getting the necessary repair equipment and tools without getting an expensive lease. You own the auto repair equipment free and clear - it is not used as collateral for your advance. Your Balance Sheet only improves with the appearance of your new asset - no new liabilities.
US Business Finance, as an alternative financing company, has the freedom to serve small businesses that do not meet banks lending criteria. Our alternative financing solutions take into account that the most profitable small businesses are considered high risk, however unlike banks, we are able to handle your high risk account and quickly - typically in less than ten business days from application to funding.
Contact our auto service center financing specialists at US Business Finance Corp and experience fast financial relief today.